Kochi: Kerala’s emergence as a global IT hub will get a major boost when Chief Minister, Shri Oommen Chandy inaugurates the Infopark’s Phase II campus on May 6. The ambitious Rs. 2,500 crore phase II project is aimed at creating 8 million sq. ft. futuristic work space for IT/ITeS companies and generating about 80,000 job opportunities.
The Chief Minister will dedicate the campus to the State in the presence of Minister for IT & Industries, Shri P K Kunhalikutty; Leader of the Opposition, Shri V S Achuthanandan and a host of other dignitaries, at the inaugural ceremony on Wednesday.
“In the first stage, over a million sq. ft. IT space will be ready by the end of 2015, which includes Infopark’s own IT building and Cognizant’s first phase building, construction of which is in final stages,” Infopark CEO, Hrishikesh Nair said.
The Phase II project, spread across 160 acres, is envisioned as a walk-to-work township project, which includes facilities like hotels, shopping malls, international school, multiplexes, convention centres etc. It will also have facilities like eco-friendly green park, water treatment plant and sewage treatment plant.
Infopark has joined hands with several global IT companies and infrastructure developers like Cognizant Technologies, UST Global, Trans Asia, Muthoot Group, Media Systems, Claysys Technologies, Caspian Techparks and Padiyath Innovation for phase II development. Around 60 per cent of the land in the second phase has been leased out successfully to IT/ITeS companies and co-developers.
Meanwhile, what is puzzling is the fact that why the inauguration is being conducted now while the campus is expected to be ready only by the end of this year or early next year? Construction of IT parks in Kerala is never known to have met the announced deadlines in the past.
Kerala Biz News